2531 Ledbetter Dr, Dallas, TX 75233
5,250 SF | Vacant | Retail Building | Online Auction Sale | Dallas, TX 75233
For Sale
Active
17 pictures
- Property Type
-
Retail
- Square Feet
- 5,250 SF
Listing Contacts
A. David Zoller
Keisha Hartshorn
- Property Info
Property Overview
Weitzman is pleased to exclusively offer the value-add, leasing momentum multi-tenant retail property at 2531 W Ledbetter Drive to the market for profitable acquisition. The 5,250-square-foot retail building was recently delivered in 2021, offering new construction retail storefront opportunities within the Dallas/ Fort Worth areas. The building is freestanding and provides three suites: Suite A – 1,502 square feet in white-box condition, Suite B – 1,435 square feet in white-box condition, and Suite C – 2,312 square feet in raw shell condition. This allows new ownership to meet new tenant demands with first-hand customization of spaces. The well-illuminated strip center offers 29 parking spaces and sees a surplus of 40,388 vehicles via W Ledbetter Drive and S Hampton Road.
2531 W Ledbetter Drive was built on a pad site near a major grocery intersection of Fiesta Mart, a nearly 87,000-square-foot local grocery store across from the Trinity Basin public school. National retailers nearby include 7-Eleven, Family Dollar, Sonic Drive-In, Walgreens, Jack in the Box, AutoZone, H&R Block, Burger King, and O’Reilly Auto Parts. New developments across the street at Hampton and Ledbetter will feature Raising Canes, Slydes Car Wash, McDonald's, and others. Two large-scale multifamily rental complexes, Westridge, consisting of 124 units, and Millhouse, consisting of 396 units, are nearby, as well as a 9,600-square-foot local urgent care and pharmacy. The Kimball neighborhood in southwest Dallas offers picturesque, park-like settings on every street while just minutes away from modern attractions in the Metroplex. Residents of this serene, peaceful neighborhood can feel tucked away in their corner of the world when they want but can also easily access many popular destinations around Dallas. Kimball’s location puts residents just a short drive from popular Dallas area attractions.
Rents in the area average $19.40/-square-foot, not including nets. Currently, the Dallas-Fort Worth Metro is 96% leased in retail space, the highest level on record. This provides the strategic opportunity for an easy lease-up play via savvy ownership. The area has seen annual rent growth of 5.6%, outpacing the market performance of 5.5%. There is currently a $2.3 billion total of specified consumer spending within the surrounding 5 miles, with an average household income of approximately $66,967.
2531 W Ledbetter Drive presents a rare new-build, multi-tenant retail strip center with immense leasing momentum within the Dallas/ Fort Worth metro.
Property tours are available by appointment only. Please contact the listing broker to schedule.
2531 W Ledbetter Drive was built on a pad site near a major grocery intersection of Fiesta Mart, a nearly 87,000-square-foot local grocery store across from the Trinity Basin public school. National retailers nearby include 7-Eleven, Family Dollar, Sonic Drive-In, Walgreens, Jack in the Box, AutoZone, H&R Block, Burger King, and O’Reilly Auto Parts. New developments across the street at Hampton and Ledbetter will feature Raising Canes, Slydes Car Wash, McDonald's, and others. Two large-scale multifamily rental complexes, Westridge, consisting of 124 units, and Millhouse, consisting of 396 units, are nearby, as well as a 9,600-square-foot local urgent care and pharmacy. The Kimball neighborhood in southwest Dallas offers picturesque, park-like settings on every street while just minutes away from modern attractions in the Metroplex. Residents of this serene, peaceful neighborhood can feel tucked away in their corner of the world when they want but can also easily access many popular destinations around Dallas. Kimball’s location puts residents just a short drive from popular Dallas area attractions.
Rents in the area average $19.40/-square-foot, not including nets. Currently, the Dallas-Fort Worth Metro is 96% leased in retail space, the highest level on record. This provides the strategic opportunity for an easy lease-up play via savvy ownership. The area has seen annual rent growth of 5.6%, outpacing the market performance of 5.5%. There is currently a $2.3 billion total of specified consumer spending within the surrounding 5 miles, with an average household income of approximately $66,967.
2531 W Ledbetter Drive presents a rare new-build, multi-tenant retail strip center with immense leasing momentum within the Dallas/ Fort Worth metro.
Property tours are available by appointment only. Please contact the listing broker to schedule.
Property Details
- Class
- C
- Year Built
- 2021
- Stories
- 1
- Lot Size (sq. ft)
- 30,056 SF
Highlights
- 2531 W Ledbetter Drive consists of three retail storefront suites, two offered in white-box condition and the third in raw shell condition.
- Located less than 10 miles from Downtown Dallas, the property has 38’ of direct frontage off W Ledbetter Drive and easy access to I35E and SH 67.
- Delivered in 2021, the newly constructed retail strip center provides 5,250 SF to be leased among three tenants, promising a profitable future.
- W Ledbetter Drive sees 21,888 VPD, while S Hampton Road (adjacent) sees 18,500 VPD and is serviced by the DART Transit System.
- Rents in the area average $19.40/SF not including nets. DFW is 96% leased (highest level on record for retail), providing leasing momentum.
All available spaces
- Space
- 1st Fl-Ste A
- Size
- 1,502 SF
- Condition
- Partial Build-Out
- Space
- 1st Fl-Ste B
- Size
- 14,351,502 SF
- Condition
- Partial Build-Out
- Space
- 1st Fl-Ste C
- Size
- 2,312 SF
- Condition
- Shell Space
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